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Khazanah sells 16% of IHH to Mitsui for RM8.42b

The deal will make the Japanese firm the single-largest shareholder of Asia's largest private hospital group

Singapore

IN what marks the first portfolio rejig under a new chief, Malaysia's sovereign wealth fund Khazanah Nasional is selling a 16 per cent stake in Malaysia- and Singapore-listed IHH Healthcare to Japan's Mitsui & Co for RM8.42 billion (S$2.8 billion).

The deal will see...

sentifi.com

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